What Donald Trump’s presidential victory could mean for Canada’s economy
TORONTO — A Donald Trump administration, combined with a Republican-controlled Senate and House of Representatives, could have reverberations that will be felt by the Canadian economy for years.
Here’s a look at what Trump’s victory could mean for various sectors of our economy:
ENERGY:
Remember Keystone XL? Plans to build the 1,900-kilometre pipeline from Alberta to Nebraska were thwarted last year under U.S. President Barack Obama. But Trump’s win could breathe new life into the project at a time when Canada’s oilpatch needs it. Trump has said he would “absolutely approve it, 100 per cent.”